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Financial Inclusion in China

With 1.3 billion inhabitants in 2010, the People’s Republic of China (PRC) constitutes the largest single market for financial services. This paper aims to be a first step in providing a picture of the extent and nature of financial inclusion in the PRC and the size and characteristics of the unbanked and underbanked market. The analysis in this report is largely based on research conducted in 2011, and therefore describes the situation at the end of 2010.